Real Estate Glossary

B-Piece Buyer

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Written by Richard Wilson

This is a type of investor who generally purchases B-rated or BBB-rated bond classes with the unrated class. The lower bond class at any given point is evaluated to be the controlling class or the directing certificate holder.

This is a type of investor who generally purchases B-rated or BBB-rated bond classes with the unrated class. The lower bond class at any given point is evaluated to be the controlling class or the directing certificate holder.

About the author

Richard Wilson

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